$ARKK has been the soul of the bull market over the past 6 months. It has been crushed in recent weeks, but just hit key level support in step with an RSI bull signal last seen at its pandemic crash March 2020 lows.
$TGGI shares are cruising up the logarithmic trendline. The recent pullback found perfect support at the confluence between the 50-day MA and the Log trendline on a check to "oversold" in RSI. The company is making headway in the Nanotech Wine space in the rapidly growing Chinese marketplace.
If you are sitting there thinking the market is in a "correction" right now, think again: the Dow is at new all-time highs today, led by financials, industrials, materials, energies, and staples. It's only tech names that are taking a big beating. Rotation is the name of the game.
$BNOW continues to hold the line in the bullish ascending triangle pattern. By and large, it has been a good idea to give this stock a look whenever it sits on its trendline. Boon Industries (OTCMKTS:BNOW) bills itself as an innovative bioscience name delivering “environmentally safe products to benefit people and the planet.” At the core of Boon’s product...
$MARA shares find support at confluence of prior resistance and the rising 50-day MA. This is emblematic of the bitcoin space given the regular and steady nature of the trend in BTC.
$MINE has been riding a big swell in interest in the cryptocurrency space after introducing its new SHRU blockchain token for purchases of psilocybin and cannabis. The stock found support with a long signal triggered in the RSI indicator back in January. That same signal appears to be in play again at key prior-breakout support after a sharp pullback.
Bitcoin has continued to display very constructive signals each step of the way in its current trend. The Log uptrend line has held repeatedly, and the MACD bull crossover trigger has signaled each new leg. We could be close to another crossover in coming days.
QCOM shares have pulled back to extreme oversold levels in a gap-check move into $135-140 support ( as we predicted ). With MACD starting to flash the green light, the stock should be on the radar.
Exxe Group Inc (OTCMKTS:AXXA) has responded extremely well since our last piece. But the fundamental dynamic hasn't changed: the stock is carrying shorts higher on strong performance data and scalable operations, and the trend in place isn't hard to see. We first covered Exxe Group Inc (OTCMKTS:AXXA) about a month ago, when the stock was trading at...
AAPL shares held $120, but the major supports broke in February. Now, traders eye underside tests of key resistance levels, including the 50-day MA and range resistance under $140.
USO is pulling back, with key confluence support potentially in play in the $39 area as the oil market braces for a major OPEC+ decision later this week.
KULR is an emerging EV play that recently broke out to the upside. We recently noted that the stock's run from $1.20 was under constructive consolidation with key support in play in the $2-2.20 area as a nice pullback territory. That quickly led to about 35% in upside action. Now, the stock could be poised for an extension breakout if it moves above the $3 level...
BNOW Shares sit in Ascending Triangle breakout pattern after holding 50-day MA support on secondary MACD bullish crossover. Boon Industries (OTCMKTS:BNOW) is a small company with a big vision and some very interesting IP in play in this thematic landscape. The company bills itself as an innovative bioscience name delivering “environmentally safe products to...
OIH is the oil services ETF. Oil plays have been breaking out in a big way as the sector takes over a leadership role. But these stocks are still way below their 52 week highs, unlike most of the market. As oil ramps higher, we will have to start investing in oil production or risk a scary squeeze in oil. OIH holdings are the beneficiaries of this worry.
KULR Technology Group Inc. (OTCMKTS:KULR) is an emerging EV play that recently broke out to the upside. The stock's run from $1.20 is now being constructively consolidated, with key support in play in the $2-2.20 area as a nice pullback territory. The upward trend in the EV space and in the stock are both unchallenged on a technical basis, with major MA's...
MARA benefitted from the enthusiasm around the crypto theme. But the leverage and crowding ripened a shakeout potential that had to eventually run its course. However, the larger trend may not be done. And the stock is now drifting into major support after a violent puke.
FDC Tech Inc (OTCMKTS:FDCT) shares have been locked in a constructive upward trend over the past several months since inception as the company picks up steam as a fintech play with exposure to both the stock market and cryptocurrency booms. Support is holding firm with MACD momo pointing to the upside. To help matters, the company recently announced that it has...
TLT starts to crater as economic expectations pick up steam ahead of vaccine-induced herd immunity. Fund managers hit record bullish levels according to key surveys, juicing inflation expectations.